Kerrisdale and Steamboat Send Letter to ACM Research Inc.

NEW YORK, April 22, 2026 /PRNewswire/ -- Kerrisdale Capital Management, LLC and Steamboat Capital Partners, LLC today sent a letter to the CEO and Board of Directors of ACM Research, Inc.  The full text of the letter follows: April 22, 2026 David H. WangChief Executive OfficerACM Research, Inc.42307 Osgood Road, Suite IFremont, CA  94539 cc: Board of Directors Dear David, Kerrisdale Capital Management, LLC, Steamboat Capital Partners LLC and our respective affiliates collectively own or advise entities owning approximately 600,000 shares of ACM Research, Inc.  We are excited to hear that management is taking preliminary steps to pursue a Hong Kong share listing, per your Form 8-K filed with the Securities and Exchange Commission on April 17, 2026.